Power Utility
Power grid expansion to drive copper demand: report
Power grid expansion to drive copper demand: report
Power grids are projected to be the top consumers of copper amongst energy transition technologies.
India develops 29% of its hydropower potential
A total of 10.3% are under construction.
China will remain as largest wind market: report
It will add 70GW to 80GW annually until 2030.
Around 680GW wind energy capacity to be installed by 2027: report
Policy changes are needed to prevent supply bottlenecks by 2026.
At least $21.4t power grid investment needed by 2050: Report
This is in line pursuit of net zero targets across the globe.
Rooftop solar powers more Australian houses than coal
Rooftop solar systems provided 14% of Australia’s electricity needs during the summer.
Bundelkhand’s 8 solar park projects get green light
The solar parks have a total capacity of 4,995 megawatts.
Asia accounts for over half of new RE capacity in 2022
China led the growth with the addition of 141GW during the period.
Middle East posts record-high RE growth in 2022
Its capacity rose by 12.8% last year.
ADB, SAEL Industries partner to develop biomass energy in India
The loan agreement amounts to $91m.
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
No ASEAN power grid direct investment plans yet for SG
The country will first focus on regional partnerships, the Ministry of Trade and Industry said.
Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie
National governments will need to address more than just competitive costs and innovations.
Increased investments could lower SMR cost to competitive levels by 2050
SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted.
Policy support for nuclear power expands in 2022
This comes as markets look for a more low-carbon energy supply, Wood Mackenzie reported.
Indonesia to install 450MW wind power by 2027
The additions could be raised to 550MW if barriers are addressed.
India’s renewable equipment manufacturing to face headwinds
The market has taken strides to encourage domestic manufacturing of solar equipment.
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